Major shareholder Bain Capital reduces investment in IMCD

Major shareholder Bain Capital reduces investment in IMCD

11:04 AM, 5th December 2015
Major shareholder Bain Capital reduces investment in IMCD

ROTTERDAM, THE NETHERLANDS: IMCD NV said that Emma (BC) Holding SCA, an entity indirectly controlled by the investment funds managed by Bain Capital Investors LLC (Bain Capital), the major shareholder of IMCD, has placed 4 million IMCD shares at 33.60 per share with institutional investors in an accelerated bookbuilding process.

Following this transaction, Bain Capital now holds 7.9 percent in IMCD, increasing the free float to 92.1 percent.

The transaction was led by Goldman Sachs International and Deutsche Bank AG, London Branch, IMCD said.

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